Evaluating the NOFAR Program
The NOFAR program was conceived as part of the implementation of the recommendations made by the "Monitor Report," and stresses the need to establish a fund to support the development of inventions in the fields of biotechnology and nanotechnology that have a commercial potential in universities, so as to increase the chances of successful transfer of the technology from the academy to industry. The program helps build a bridge between the basic research and the applied research at the stage at which industry has not yet recognized the idea as having a commercial potential.